RealWarrenBuffett@lemm.ee to

News@lemmy.world · 11 months ago

Auto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.

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Auto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.

RealWarrenBuffett@lemm.ee to

News@lemmy.world · 11 months ago

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TenderfootGungi@lemmy.world
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11 months ago
For the first time? Go back a generation and student loans didn’t exist.
- CmdrShepard@lemmy.one
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  Not to mention auto loans can be discharged in bankruptcy. Try doing that with student loans and you’ll quickly find out it isn’t possible.

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